A striking generational tragicomedy, A Hoof Here, a Hoof There is a caustic group portrait of pals who enjoy a tipple, all kinds of hi-jinks and no-strings sexual adventures. Auditor Pepe, vet Dědek and restaurant manager František are financially secure and enjoy life with their similarly fun-loving girlfriends—at least until the moment when the brash Pepe collapses and ends up in hospital.
A West German businessman Friedrich Schmidt is arriving to Czechoslovakia with private mission and mission for Intelligence service. He wants to settle the old event from the time of the Second World War when he as a student of the Czech grammar school in the town of Kostelec took part at the denunciation of his schoolmate Pavel Richter. Pavel was during the period of Nazi terror following the assassination of Acting Reich Protector of Bohemia and Moravia Heydrich executed. Schmidt has also to enter into relations with persons suitable for cooperation with the West Intelligence service. Schmidt - earlier, before the German occupation Smíd - meets the schoolmates and endeavors to avert suspicion that arose already at the time of the tragic event.
In a Prague shop, an assistant has been carrying on an affair with the dishonest, married manager. An emotionally repressed auditor with domestic problems of his own uncovers serious stock discrepancies. A test of loyalties and a questioning of values concludes in tragedy.